280K Australian POS Terminals Now Accept UnionPay QuickPass

China UnionPay cards are now accepted in Australia by about 30,000 ATMs and over 600,000 POS terminals, covering 90% of the ATMs and about 70% of the local merchants, and more than half of these merchants accept UnionPay mobile QuickPass. The local UnionPay payment service system for students study abroad is improving continuously. Since July,…

POS Installment Financing Now in the UK Following Romanian Pilot

Mastercard has inked a partnership with Verifone to roll out a new installment pay application at retailers across the UK. With a significant footprint of payment terminals at major retailers, Verifone will help Mastercard roll out the solution for UK cardholders. Mastercard Installments has been developed to bring a fresh payment option to the marketplace.…

Ingenico Link/2500 M-POS Aimed at Small Merchants’ Payment Needs

Ingenico has launched its new Link/2500 mobile point-of-sale device designed to address small merchants’ payment needs in mobility. Available in two versions, companion or standalone, the Link/2500 was designed to address small merchants’ payment needs in mobility. The Link/2500 enables estate owners to offer their clients (micro and small merchants) a new generation mobile solution…

Lending Tree Grows a President to Accelerate Branching Out

NC-based LendingTree has juggled two top executives. Neil Salvage, previously the company’s Chief Revenue Officer, has been promoted to the newly-created role of President, managing the day-to-day business operations. Nikul Patel, previously LendingTree’s Chief Operating Officer, will now be the company’s Chief Product and Strategy Officer, where he will lead product innovation, consumer experience and…

MasterCard Harnesses AI for the 1st Time to Reduce False Declines

Mastercard unveiled Decision Intelligence solution utilizing artificial intelligence technology to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines.  This is the first use of AI being implemented on a global scale directly on the Mastercard network. Current decision-scoring products are focused primarily on risk assessment, working within…

iATS Ankles Top Exec w/Non-Profit Exp to Head Business Development

Vancouver-based iATS Payments has ankled Daniel Mitchell as Vice President responsible for Sales and Business Development. He will be responsible for leading all aspects of iATS sales and business development, and will work closely with customers and partners to support their success. With over 20 years of sales experience, Daniel has worked with innovators across…

BankAxept Certifies Norway Eika Cards w/INTERAC Flash Technology

Eika Alliance, one of the largest players in the Norwegian financial market, with almost a million customers, has partnered with Oberthur Technologies to launch of the first dual payment card certified by BankAxept. This is the first step for an acceleration of the rollout of contactless payment in Norway. OT’s dual payments card leverages INTERAC…

WorldPay Contactless Card Tins & Thyngs Styckers & Poppy Appeal

Worldpay, Thyngs and NatWest have partnered with The Royal British Legion to make it easier to donate to the Poppy Appeal by using the latest payment technology, in a trial taking place across 13 NatWest branches. With many people no longer carrying cash, two new collection tins have been adapted to allow people to pickup…

Lane Crawford Perks-Up China UnionPay Platinum & Diamond Cards

UnionPay International inked a deal with Lane Crawford, a renowned upmarket department store, in offering exclusive privileges for UnionPay platinum and diamond cards at the Lane Crawford physical stores and online flagship store. It is the first time that Lane Crawford offers long-term privileges for bankcards of a specific brand. So far, more than 5.8…

CardTek CEO Wins Female Executive of the Year/Business Products

Ayşe Nil Sarıgöllü, CEO of Cardtek, was selected as the winner of a Silver Stevie Award in the Female Executive of the Year, Business Products, 11-2,500 Employees category in the 13th annual Stevie Awards for Women in Business. Ayşe Sarıgöllü was honored for her strategic leadership at Cardtek, the fastest growing technology company in EMEA,…

RBL Bank Integrates MasterPass QR into its OnGo Digital Wallet

RBL Bank Integrates MasterPass QR into OnGo Digital Wallet Masterpass Quick Response (QR) mobile payments solution has come to India. Masterpass QR enables mobile banking users to safely pay for face-to-face purchases using their smartphone or feature phone. Ratnakar Bank Limited (RBL Bank) is the first bank in India to integrate the Masterpass QR service…